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Horizon — 28 October 2026

Wednesday 28 October 2026

World Geopolitics Markets

Briefing for 28 October 2026. Ebola epidemic exceeds 10,000 cases in DRC. Markets: Bitcoin $80,841 · VIX 17.5 · CAC 40 7,887 · Brent $111.4 · S&P 500 7,723 · Hang Seng 23,104

The last thirty days

World

A local truce in Olechky, deadly attacks in Sudan and Ethiopia, and the Ebola epidemic in DRC, now above 10,000 cases, dominate the news.

Illustration : River Congo (Democratic Republic of the Congo)
Illustration : River Congo (Democratic Republic of the Congo)Bsm15 · CC BY-SA 3.0 · Wikimedia Commons
Top story
01

Ebola epidemic exceeds 10,000 cases in DRC

Democratic Republic of the Congo · 1 source

The Ebola epidemic has exceeded 10,000 cases in the Democratic Republic of Congo, following the death of a nurse and the wounding of another. It is now the second largest in the world and, according to health authorities, the fastest in the country's history.

Why it matters

The scale and speed of spread make this epidemic a major health issue, with healthcare workers themselves affected.

Illustration : Sudan
Illustration : Sudanwalter callens · CC BY 2.0 · Wikimedia Commons
Sudan · 2 sources
02

Over 100 dead in Sudanese drone attack

A Sudanese military drone attack on a market killed over 100 people, according to a human rights organization. At least 113 people were wounded, including many women and children. Western countries are also warning of a risk of famine in the country.

Why it matters

Civil war, worsened by drought and cuts in funding, exposes millions of Sudanese to acute hunger.

Sudan
Ukraine · 4 sources
03

Ceasefire in Olechky to aid civilians

A local ceasefire came into effect in Olechky, a city occupied by Russia, to deliver aid and evacuate those who wish to leave. The truce was then extended to the entire Kherson region, and Russia and Ukraine say no violations have been reported. The city has been without electricity, gas or water for three years.

Why it matters

The operation aims to save civilians trapped in a city deprived of everything for three years, but it remains risky.

Ukraine
Ethiopia · 1 source
04

At least 60 Orthodox Christians killed in Ethiopia

Attacks killed at least 60 Orthodox Christians in Ethiopia, according to the Church. Over 20 people were seriously wounded and 20 houses were set on fire. The Church speaks of 'brutal and merciless massacres'.

Why it matters

The toll, announced by the Church itself, makes these attacks one of the deadliest violence recently reported against a religious community in the country.

1 source
Ethiopia
United States · 1 source
05

Nanotyrannus skeleton sold for 47.3 million dollars

A rare Nanotyrannus skeleton was sold for 47.3 million dollars at an auction in New York. The sale reignites debate within the scientific community over the fate of dinosaur remains: private collections or public display.

Why it matters

The sale raises questions about researchers' access to rare fossils, which can end up in private hands.

1 source
United States
China · 2 sources
06

China has more elderly people than dependent children

In China, the dependency ratio of elderly people exceeds that of children for the first time. The population declined for the fourth consecutive year in 2025, and the birth rate reached a record low level.

Why it matters

This demographic shift forces Beijing to manage the aging of its population.

China
Ethiopia · 1 source
07

European deforestation standards threaten Ethiopian coffee

The entry into force of European regulations against deforestation could eliminate outlets for small Ethiopian coffee producers. Many of them would be unable to comply.

Why it matters

A European environmental rule can weaken the economy of small producers in a third country.

Ethiopia

In brief

  • A computer simulation offers the most detailed glimpse to date of the first moments of the universe after the Big Bang.Courrier international ↗
  • AustraliaIn Sydney, the reintroduction of the bush rat, a native species, drove away invasive black rats and restored ecosystems.Courrier international ↗
  • PeruIn Peru, justice closes the case of thousands of forced sterilizations of women in the 1990s, despite a recent international conviction.Le Monde ↗
  • IndonesiaIndonesia sees students protesting in Jakarta against smoke haze and policies of President Prabowo.South China Morning Post ↗
  • NigeriaIn Nigeria, an investigation concludes that the death of 33 detainees in a cell in Minna was entirely preventable: overcrowding and poor ventilation.BBC World ↗
  • SpainSpain replaces nearly 40 wind turbines thirty years old near La Coruña with four turbines that will almost double electricity production.Le Monde ↗

Geopolitics

Israeli legislative elections end without clear majority, Lula wins in Brazil and student movement beats government in Serbia.

Illustration : The Knesset
Illustration : The KnessetChezki Mozes · CC BY-SA 4.0 · Wikimedia Commons
Top story
01

Israel: no majority at the Knesset after legislative elections

Israel · 4 sources

Israeli legislative elections ended without a clear majority. According to provisional results, Benjamin Netanyahu's camp is in sharp decline, but the opposition led by Gadi Eisenkot fails to unseat him. Neither bloc is able to form a majority, and both leaders say they are ready to govern. Turnout was record, particularly among Arab voters.

Why it matters

This election, the first since Hamas attacks on October 7, 2023, leaves the country in political deadlock.

Illustration : Brazil
Illustration : BrazilRafael Rabello de Barros · CC BY-SA 3.0 · Wikimedia Commons
Brazil · 2 sources
02

Lula wins Brazilian presidential election against Flavio Bolsonaro

Trailing in the first round, Lula won Sunday's Brazilian presidential election against Flavio Bolsonaro, an unprecedented reversal since the return of direct suffrage in 1989. The president called his opponent's departure from the country 'shameful'.

Why it matters

This unprecedented reversal since 1989 keeps Lula in power and opens a period of uncertainty around his defeated opponent.

Brazil
Brazil, United States · 4 sources
03

Flavio Bolsonaro flees Brazil despite court order

Two days after his defeat, senator Flavio Bolsonaro left Brazil with his family, despite an order from the Supreme Court prohibiting him from doing so. Implicated in corruption cases, he refused to return his passports. He joined the United States, according to the press, and a senior American official indicated that Washington would grant him a visa.

Why it matters

The flight of a defeated candidate, targeted by investigations, directly defies Brazilian justice.

Brazil United States
Serbia · 4 sources
04

Student movement beats Vucic's party in Serbia

The protest movement led by students won a historic victory Sunday in Serbian legislative elections, beating the party of departing president Aleksandar Vucic, who acknowledged his defeat on October 25. Brussels welcomed the result.

Why it matters

The defeat of a nationalist leader, considered one of Russia's main supporters in Europe, raises the question of Serbia's relationship with the EU and with Moscow.

Serbia
Saudi Arabia, Yemen · 3 sources
05

Houthis claim strike on Saudi Arabia's largest refinery

Yemen's Houthis, allies of Iran, say they struck Saudi Arabia's largest oil refinery with a missile. Explosions were heard in Riyadh, where Saudi authorities say they shot down Houthi missiles. The kingdom has been subjected to strikes against oil and civilian sites for weeks.

Why it matters

These attacks target the world's second-largest crude producer and revive risks to oil supply.

Saudi Arabia Yemen
Finland, Norway · 3 sources
06

Finnish and Norwegian leaders call Putin, Denmark protests

Finnish President Alexander Stubb and Norwegian Prime Minister Jonas Gahr Store spoke by telephone with Vladimir Putin to open a channel of discussion. Denmark reproaches them for playing 'solo'. Mr. Stubb believes an end to the conflict in Ukraine 'will not be achieved by silence'.

Why it matters

The initiative fractures the united European front on Ukraine.

Finland Norway
Iran · 2 sources
07

European intelligence services worried about Iranian threat

European intelligence services are concerned about the persistence of an Iranian threat in Europe: assassination plots, arson, sabotage and cyberattacks. Two Britons have also been charged in the United Kingdom for helping Iran regarding an incident at an air base.

Why it matters

The threat described is durable and global, according to European services.

Iran
United States · 2 sources
08

Trump fuels suspicion over integrity of midterm elections

A week before the November 3 vote, the White House seeks to encroach on states' role in organizing elections. Donald Trump says he will accept results if they are 'honest', while raising never-proven fraud claims.

Why it matters

The president raises the possibility of contesting the result if his party, predicted to lose by polls, is defeated.

United States

In brief

Markets

Markets remain calm, with stock exchanges up in New York and Asia, VIX at 17.5, Brent at 111.4 dollars down 2.18% and natural gas up sharply 13.61%.

Theme illustration : Data centre
Theme illustration : Data centreTimothy A. Gonsalves · CC BY-SA 4.0 · Wikimedia Commons
Top story
01

Stock exchanges advance, driven by artificial intelligence

3 sources

The CAC 40 gains 0.51% to 7,887.14 points, the DAX 0.71% and the Nasdaq 1.18%. The S&P 500 advances 0.6% and the Nikkei 1.08%, while the FTSE 100 falls 0.75%. The VIX remains at 17.5. AI stocks rebound after Anthropic's IPO filing.

Why it matters

Investors continue to bet on AI, even if some worry about a bubble.

Illustration : oil platform
Illustration : oil platformDivulgação Petrobras / ABr · CC BY 3.0 br · Wikimedia Commons
1 source
02

Natural gas jumps 13.6%, Brent falls 2.2%

Natural gas advances 13.61% to 3.06 dollars. Brent falls 2.18% to 111.4 dollars, after a rise of over 1% linked to the attack on the Saudi refinery. Gold loses 0.69% to 4,046.6 dollars and the euro falls 0.45% against the dollar.

Why it matters

Energy remains volatile, amid Houthi attacks on Saudi Arabia.

1 source
United States · 1 source
03

The Fed should refrain from raising its rates

The Federal Reserve, led by Kevin Warsh, should not raise its rates despite high inflation. It wants to bring inflation back to its 2% target.

Why it matters

The decision weighs on the cost of credit and spending in the United States.

1 source
United States
China · 2 sources
04

China, the EU and hybrid cars: a currency meeting in preparation

After obtaining from China a cap on its hybrid car exports, European finance and banking officials will travel to Beijing in coming months for discussions on currencies. Chinese hybrid car exports to the EU have increased 200%.

Why it matters

Brussels fears a new trade shock from China.

China
United Kingdom · 3 sources
05

British budget expected for October 28

Chancellor John Healey presents his fiscal plans on October 28. He has already announced measures to help households with the cost of living and a raise in the minimum wage, with no additional increase for 18-20 year-olds.

Why it matters

This first budget by Mr. Healey is awaited by both households and small businesses.

United Kingdom
France · 3 sources
06

Belgium, Finland and Norway not part of the budget: France targeted

In France, the 2027 budget is at the heart of the news. Retirees would be the first losers of the initial version, according to the French Institute of Economics. Measures for high school and university students would cost just under 500 million euros. The French are also gripped by gloom: household morale is at its lowest since June 2013, according to INSEE.

Why it matters

Budget decisions directly affect households, while morale is at its lowest.

France
Argentina · 2 sources
07

IMF reaches preliminary agreement with Argentina

The IMF reached a preliminary agreement with Argentina following the third review of the program. It paves the way for a payment of approximately 900 million dollars, subject to final approval by the Fund's board of directors.

Why it matters

This support validates Javier Milei's economic policy, but the Fund's tone on a return to international markets is more cautious.

Argentina

In brief

Closing prices on 28 October 2026

Last close recorded for the briefing of 28 October 2026 (crypto: price at publication time, in US dollars). Information only, not financial advice. All markets and charts →

Today's indicators

Deterministic data, calculated by threshold or taken as-is from official sources — never judged by the model.

Markets

Closing prices and changes
ValueCloseChange
CAC 40 7,887.14 ↑ +0.51 %
DAX 25,590.77 ↑ +0.71 %
FTSE 100 10,686.54 ↓ -0.75 %
S&P 500 7,722.6 ↑ +0.60 %
Nasdaq 26,477.81 ↑ +1.18 %
Nikkei 225 63,954.19 ↑ +1.08 %
Hang Seng 23,103.89 ↑ +0.27 %
VIX 17.5 ↓ -0.11 %
Petrole Brent 111.4 ↓ -2.18 %
Gaz naturel 3.06 ↑ +13.61 %
Or 4,046.6 ↓ -0.69 %
EUR/USD 1.11 ↓ -0.45 %

General, non-personalized information. Does not constitute investment advice, a recommendation, or a solicitation to buy or sell.

Crypto

Prices and changes of major cryptocurrencies
ValuePrice24h change
Bitcoin 80,841 USD ↑ +1.50 %
Ethereum 2,351.74 USD ↑ +1.99 %
BNB 743.94 USD ↑ +1.17 %
Solana 101.87 USD ↑ +2.25 %
XRP 1.32 USD ↑ +1.94 %

aucun seuil franchi, marchés crypto calmes

General, non-personalized information. Does not constitute investment advice, a recommendation, or a solicitation to buy or sell.

Supply chain

A combined reading of traffic through strategic straits and energy prices: two signals of the same possible tension on global supply chains. The more severe of the two prevails.

Energy prices and changes
ValuePriceChange
Petrole Brent 111.4 USD ↓ -2.18 %
Gaz naturel 3.06 USD ↑ +13.61 %
  • Bab el-Mandeb — traffic at 88% of normal levels data from 18 October
  • Ormuz — traffic at 75% of normal levels data from 18 October
  • Panama — traffic at 100% of normal levels data from 18 October
  • Douvres — traffic at 108% of normal levels data from 18 October
  • Taïwan — traffic at 96% of normal levels data from 18 October
  • Cap de Bonne-Espérance — traffic at 101% of normal levels data from 18 October

Gaz naturel en hausse de 13.61 % sur la séance

International sanctions

Daily movement on the consolidated lists of OFAC (US Treasury) and the UN Security Council: the total almost never moves from one day to the next — the signal is the new entries since the last reading.

No new entries since the last reading.

19,471 entries tracked at OFAC (US Treasury) · 1,007 entries tracked at the UN

Cyber

115 ransomware claim(s) recorded worldwide over the last 48 hours (source: RansomLook). These are claims made by criminal groups on their own leak sites, never independently verified.

the gentlemen

First Dental

the gentlemen claims to have compromised this organization.

whitearmor

Ryder

whitearmor claims to have compromised this organization.

whitearmor

wagyu.xyz unfairness

whitearmor claims to have compromised this organization.

whitearmor

Echo.com

whitearmor claims to have compromised this organization.

whitearmor

https://t.me/whitearmorxd

whitearmor claims to have compromised this organization.

rhysida

Machelen (Belgium)

rhysida claims to have compromised this organization.

Connectivity

Significant internet outages detected by IODA (Georgia Tech) over the last 48h.

  • Netherlands — traffic at 8% of normal levels
  • Timor-Leste — traffic at 43% of normal levels
  • St. Pierre And Miquelon — traffic at 49% of normal levels

The world in figures

The background to that day's news: public data (conflicts, earthquakes, commodities, agenda). They are not part of the colours or the risk index.

Coming up

as of 28 October 2026

Major central bank decisions and national elections in the following weeks, as known that day.

  • 28 Octobersame day Fed: interest rate decision
  • 29 Octobernext day ECB: interest rate decision
  • 1 NovemberD+4 Bulgaria · President (2nd round)
  • 3 NovemberD+6 United States · Senate and House of Representatives
  • 5 NovemberD+8 Grenada · Parliament
  • 7 NovemberD+10 New Zealand · Parliament
  • 15 NovemberD+18 Cape Verde · President
  • 29 NovemberD+32 Spain · Senate and Congress of Deputies
  • 29 NovemberD+32 Switzerland · Referendums

Source : Fed, ECB, Wikipedia (electoral calendar)

Armed conflict

September 2026

13,286 estimated deaths · 43 countries

  • Ukraine 6,202
  • Yemen 2,924
  • Pakistan 667
  • Ethiopia 609
  • Nigeria 451
  • Sudan 277
  • Mexico 262

Central estimate, provisional monthly data; change versus the previous month.

Source : UCDP, Uppsala University (CC BY 4.0) ↗

Earthquakes

previous 7 days

187 of magnitude 4.5+ · 6 of 6+

  • 7.0 China 22 October · orange alert
  • 6.9 Vanuatu 24 October
  • 6.5 Bonin Islands, Japan region 25 October
  • 6.3 Vanuatu 24 October
  • 6.1 Vanuatu 25 October

Source : USGS (public domain) ↗

Commodities

September 2026

Monthly average world prices in US dollars; indices 2010 = 100.

Level1 month1 year
Energy149+25.7 %+70.0 %
Food124+3.8 %+15.8 %
Fertilizers147+0.4 %−1.7 %
Base metals166+0.8 %+35.1 %
Precious metals339−1.9 %+22.6 %
Detailed prices
Level1 month1 year
Brent crude117 $/bbl+28.5 %+71.8 %
Natural gas (Europe)25.42 $/MMBtu+20.4 %+128.6 %
Wheat347 $/t+5.2 %+48.4 %
Maize240 $/t+7.0 %+21.4 %
Rice482 $/t+2.3 %+28.9 %
Cocoa5.92 $/kg−0.5 %−15.8 %
Arabica coffee7.26 $/kg−8.9 %−17.8 %
Copper14,474 $/t+1.0 %+45.0 %
Gold4,319 $/oz−2.1 %+17.7 %

Source : World Bank, Pink Sheet (CC BY 4.0) ↗

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